FLARIANT(SH:605566) Shang Hai Zheng Quan Bao·2025-07-31 17:56Core Viewpoint - The company, Hangzhou Fulai Ant Technology Co., Ltd., has announced the use of part of its idle raised funds for cash management, with a maximum amount of RMB 86 million allocated for low-risk investment products to enhance fund utilization efficiency and generate financial returns for the company and its shareholders [2][13]. Summary by Sections Cash Management Overview - The purpose of cash management is to improve fund utilization efficiency and generate financial returns for the company and its shareholders [3]. - The investment amount for this cash management initiative is RMB 55 million [4]. - The funds used for purchasing financial products are sourced from the company's idle raised funds [4]. Fundraising Background - The company has issued a total of 33.34 million shares at a price of RMB 32.21 per share, raising a total of RMB 1,073.88 million, with a net amount of RMB 974.05 million after deducting issuance costs [5]. Investment Method - The investment type includes large-denomination time deposits, with an investment amount of RMB 55 million [6]. Approval Process - The company held board and supervisory meetings on April 25, 2025, and a shareholder meeting on May 21, 2025, to approve the cash management proposal, allowing the use of idle raised funds for low-risk investment products [8]. Risk Analysis and Control Measures - The company acknowledges that while the investment products are of high safety and liquidity, they are still subject to market fluctuations [9]. - Risk control measures include strict adherence to prudent investment principles, careful selection of issuers, and ongoing monitoring of investment performance [10]. Previous Cash Management - The company has successfully redeemed previous cash management products, indicating a track record of managing idle funds effectively [12]. Impact on the Company - The cash management initiative will not affect the normal operation of the company's fundraising projects or its main business activities [13]. Sponsor's Opinion - The sponsor has expressed no objections to the cash management initiative, confirming that it complies with relevant laws and regulations and will not alter the intended use of raised funds [13].